Page 4 - Bharat Electronics Ltd

BEL bags Rs 2,118.57 crore order from Cochin Shipyard for various equipment

Bharat Electronics Limited received an order of Rs 2,118.57 crore from Cochin Shipyard Limited for supply of various equipment consisting of sensors, weapon equipment, fire control systems and communication equipment for six numbers of next generation missile vessels and class of anti-surface warfare corvettes for Indian Navy. This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL, Bengaluru-headquartered BEL said in a statement on Friday. The equipment manufactured by BEL are part of 'Aatmanirbhar Bharat' programme. The company has also received additional orders worth Rs 886 crore since the last disclosure on August 25 and the said orders pertain to upgrade of AFNET SATCOM N/W, upgrade of Akash missiles with RF Seeker, inertial navigation system and other equipment with accessories and spares, among others. "With this, BEL has in all received orders worth Rs 14,384 crore till now in the financial year .

BEL makes vehicle for NDRF to respond to biological, chemical disasters

State-owned Bharat Electronics Limited (BEL) has designed and manufactured a vehicle for the National Disaster Response Force to respond to incidents involving hazardous chemicals, biological or radiological substances, a release said. The first CBRN (Chemical Biological Radiological Nuclear) HAZMAT (Hazardous Material) vehicle for NDRF was flagged off at BEL's Pune unit on Wednesday, it said. This vehicle is yet another achievement in BEL's Make in India and Atmanirbhar Bharat initiatives, said the release. The vehicle is used to detect, monitor and respond to hazardous chemical, biological or radiological incidents, where it is vital to plug or seal the source of contamination to contain any further release of hazardous substances, the release said. The vehicle has a spacious operator compartment integrated with a wide range of user-friendly Chemical-Biological-Radiation-Nuclear detection and identification sensors, it said. It has a hand-held thermal imager, providing night vis

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Trend among these buzzing stocks remain optimistic, as per their respective charts

Stocks to Watch today, Aug 28: RIL, Jio Fin, BEL, Adani group, Gland Pharma

Stocks to Watch on Monday, August 28, 2023: The 46th Annual General Meeting (AGM) of Reliance Industries will take place at 2 PM today where Chairman Mukesh Ambani will address the shareholders

Defence PSU Bharat Electronics Limited bags orders worth Rs 3,289 crore

Navratna defence PSU Bharat Electronics Limited (BEL) has received new defence and non-defence orders worth Rs 3,289 crore during July and August 2023 (till date). The orders are for supply of Low Level Light Weight Radars, SONARS, IFF Systems, SATCOM Systems, EO/IR Payloads, TRM/DTRMs, Jammers, Encryptors, Data Link Systems, Fire Control Systems, Radars for Directed Energy Systems, Semi Rugged Telephone Exchanges, Software Defined Radios and various others types of radios, Electronic Voting Machines, AMC and Spares, the company said. These also include the LoI / order worth Rs 1,075 crore received on Friday from Hindustan Shipyards Limited for supply of CMS, Communication Systems, EW Systems and other sensors for Fleet Support Ships, the Bengaluru-headquartered BEL said in a statement. "These orders are in addition to the Rs 8,091 crore orders, which are already received. With this, BEL has in all received orders of Rs 11,380 crore till now in the financial year 2023-24", it said.

L&T, MTAR, HAL: Stocks related to Chandrayaan-3 extend gain, soar up to 20%

Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.

BEL hits record high on strong Q1 results; stock up 32% so far in 2023

The state-owned company saw 12.5 per cent YoY revenue growth to Rs 3,446 crore in Q1FY24, whereas total expenses climbed 9.4 per cent YoY to Rs 2,948 crore

Bharat Electronics bags defence, non-defence orders worth Rs 2,191 cr

Bharat Electronics Ltd (BEL) on Friday said it has received new defence and non-defence orders worth Rs 2,191 crore. The orders are for supplying long-range guidance kits with warheads, airborne jammers, battlefield short range surveillance radars upgrades, missile guidance radars, shallow water craft sonars and spares, among others, it said in a statement. The Bengaluru-headquartered defence major had received Rs 5,900 crore worth orders from the Navy earlier this month. With this, BEL has in all received orders worth Rs 8,091 crore so far this financial year, the statement said.

Defence shares in focus; HAL, Bharat Dynamics, BEL hit new highs

The defence sector looks well placed in terms of increasing domestic procurements by the government for our armed forces.

Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%

The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.

BEL, GSL ink pact to address global market opportunities in Naval platforms

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Goa Shipyard Limited (GSL) for co-operation in addressing global market opportunities for supply of state-of-the-art products such as autonomous boats, and other systems / solutions based on Artificial Intelligence for Naval platforms. The pact was inked on the sidelines of the ongoing Aero India 2023, Asia's largest air show, at Air Force Station Yelahanka here. BEL CMD Bhanu Prakash Srivastava, and GSL CMD Brajesh Kumar Upadhyay exchanged the MoU documents, a BEL statement said.

HAL, BDL, BEL: Higher defence budget may spark fresh rally in related stks

Bharat Dynamics, Hindustan Aeronautics, and Bharat Electronics have skyrocketed 87 per cent, 79 per cent, and 44 per cent, respectively, since Budget 2022

BEL's sales trajectory will sustain on multiple growth opportunities

Investors may consider buying the stock on dips, say experts

BEL, UK-based Smith Detection to build high-tech scanners within 3 years

Under the deal, BEL will handle front-end requirements in the market and support localisation of projects, while Smiths Detection will provide screening tech

F&O Strategy: Nandish Shah recommends a Bull Spread on BEL for July expiry

The technical analyst from HDFC Securities recommends buying BEL 240 Call and simultaneously selling 250 Call of the July expiry.

NHPC, BEL ink pact to set up solar equipment manufacturing facility

NHPC on Tuesday signed an initial pact with Bharat Electronics Ltd (BEL) to set up a large capacity solar equipment manufacturing facility. "A Memorandum of Understanding (MoU) has been signed between NHPC and BEL...for setting up of gigawatt scale vertically integrated solar manufacturing unit," a BSE filing said. The MoU was signed by Biswajit Basu, Director (Projects), NHPC and Vinay Kumar Katyal, Director (Bangalore Complex), BEL. State-owned hydro power giant NHPC has an installation base of 7071.2 MW from 24 power stations including two projects in JV mode. It is engaged in the construction of 11 projects aggregating to a total installed capacity of 7,539 MW. During 2021-22, NHPC power stations achieved generation of 24,855 MU (million units). Last fiscal, NHPC reported Rs 8,181 crore as income from sale of power with a net profit of Rs 3,538 crore.

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

Growth trajectory remains strong for defence major Bharat Electronics

Healthy order book, tender pipeline and margin improvement are positives

Bharat Electronics rallies 5% post Q1 results, strong order book position

With the healthy order book at Rs 55,333 crore, strong pipeline of orders and better margin profile, BEL is well placed to grow its earnings in double digits in the next couple of years, analyst say.

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